This imitation of Japan’s exchange-rate policy has seen many other countries’ central banks amass “war chests” of dollar ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The Central Bank of Nigeria (CBN) has not yet adjusted the Customs FX rate for cargo clearance for the second day, despite ...

The U.S. dollar has been the dominant currency in global trade and finance for more than seven decades. Over that time, little has ever truly threatened its position. Global economic systems operate ...

In the wake of the Bretton Woods conference in 1944, 44 countries around the world ... thus ending the era of fixed exchange rates with currency crosses adopting the free-floating nature that ...

At the end of February, supporters and members of the pro-Russian party Vazrazhdane vandalized the European Commission's ...

Nothing in recent history has so strikingly emphasized the need for international coöperation in the economic field as the ...

Argentina is getting an enormous lifeline. Last week, the International Monetary Fund agreed to loan the country $20bn. It is the 23rd deal between the IMF and the country, but this money comes with ...

agree to exchange a stream of future fixed interest payments for a stream of future variable payments. Mortgage lenders enter into these agreements to shield themselves against the interest rate ...

At the open, the Dow Jones rose 333 points, or 0.8%, to 40,540. The S&P 500 gained 67 points, or 1.3%, to 5,430, while the ...

its slowest rate in two years. Core inflation, for the trading bloc covering the 20 countries whose common currency is the euro, fell to 3.6% Richard Carter, head of fixed interest research at ...

Market interest rate expectations are reflected in swap rates. A swap is essentially an agreement in which two banks agree to exchange a stream of future fixed interest payments for another stream ...